Congress and the Executive Branch have historically identified the Asia Pacific Economic Cooperation forum (APEC) as potentially important in the promotion of liberalized international trade and investment in Asia, and possibly the rest of the world. The 111th Congress may reexamine U.S. policy towards APEC. It has already increased APEC-related funding in FY2009, in part to provide for the preparations for the 2011 APEC meetings to be held in the United States. In addition, there are other actions Congress may choose to take with respect to APEC, depending on its determination of APEC’s role in relation to trade promotion initiatives in Asia. Congressional attitudes and actions may also be influenced by the Obama Administration’s trade policies in Asia—and the role APEC plays in those policies.
(Unofficial mirror of http://www.documentcloud.org/documents/370669-the-2009-asia-pacific-economic-cooperation-apec.html)